An Insight into I-526

1. An Insight into I-526 The I-526 petition is also known as form I-526. It is the initial petition of an EB-5 investment, whereas the EB-5 investor intends to file for conditional permanent residency via the EB-5 immigrant investment program. The I-526 Immigrant Petition is usually filed by the EB-5 investor in order to prove that they are in the process of investing or have already invested the specific amount of capital in a suitable EB-5 project. This petition is usually arranged on behalf of the applicants of EB-5 by an immigration lawyer. Applicants are eligible to file this petition after they have taken the suitable measures to invest in a suitable EB-5 project. Such projects must be part of a new commercial business and can either be directly invested in by the foreign investor or can be managed by an EB-5 Regional Center that has government designation to manage EB-5 projects. The applicants should provide proof that they have made a $500,000 to $1 million investment of lawful capital in the new business. The required investment amount depends on whether or not the investment is made in a targeted employment area (TEA). The main purpose of this petition is for the applicants to demonstrate that their capital investment comes from a legal source of funds. Hence, the EB-5 candidate must provide noticeable evidence that proves that the funds were lawfully obtained.